DAI aims to maintain a stable value relative to the US Dollar through a system of smart contracts and decentralized governance.

Official Site: https://makerdao.com/en/

DAI is primarily deployed on the Ethereum blockchain but has expanded to other networks through bridges. It maintains its peg through over-collateralization of crypto assets and algorithmic mechanisms.

• Decentralized and governed by MakerDAO

• Collateralized by various crypto assets

• Maintains stability through smart contracts

• Widely used in DeFi applications

Issuer: MakerDAO (decentralized autonomous organization)

MakerDAO is a decentralized organization that manages the DAI stablecoin system. It allows users to generate DAI by locking collateral assets into smart contracts.

Stabull Pools: DAI-USDC (Polygon)

Investor Portal: Archblock

Addresses:

Ethereum: 0x6b175474e89094c44da98b954eedeac495271d0f

Polygon: 0x8f3cf7ad23cd3cadbd9735aff958023239c6a063

Links:

• CoinGecko

• Etherscan

• Polyscan